Let's assume that the number of hours a student spends studying will contribute to their final grade. What would happen if the student studied for an extra hour each day? Or an extra two hours? How ...

Learn how to distinguish marginal costs by exploring their relationship with fixed and variable costs in production.

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

Marginal cost helps predict company profit by analyzing cost to produce extra units. Investors use the gap between marginal cost and revenue to assess profitability. Technology firms, due to low ...